The ultimate do-er upper! Incredible 33-bedroom 17th Century mansion in Monmouthshire that once hosted Henry VII can be yours for just £200,000 (though it needs a bit of TLC)
- Troy House in Monmouthshire was built in the 1680s by the 1st Duke of Beaufort as a wedding gift for his son
- An earlier house on the site had hosted Henry VII who was on a visit to Wales with in August 1502
- The Duke of Beaufort had his land and fortune restored by Charles II after the death of Oliver Cromwell
- Auctioneers Allsop warn the house, which sits on six acres of land, requires extensive modernisation
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Bargain hunting property buyers are queuing up to buy a Grade II listed mansion which once hosted Henry VII.
Troy House, in Monmouthshire was built in the 17th century and has most recently been a school. The historic building is listed for £200,000 and sits on six acres of land which includes two tennis courts.
The 33-bedroom property is in very poor repair and will require extensive and expensive renovation.
The house is very close to the market town of Monmouthshire and they Wyre Valley Area of Outstanding Natural Beauty.
Troy House in Monmouthshire, pictured, is going under the hammer in an online auction on May 28 with a guide price of £200,000
Despite the magnificent exterior, the inside of the mansion is very dilapidated and requires extensive modernisation
Auctioneers Allsop say the 33-bedroom house ‘is presented in poor condition and requires extensive works of modernisation and refurbishment’
Having once hosted royalty, the house most recently was a school and a convent for a group of French Catholic nuns
Among the photographs showing the stunning exterior and fantastic location is a sober warning from the auctioneers Allsop: ‘Presented in poor condition and requiring extensive works of modernisation and refurbishment.’
The current house was built in the 17th century, but earlier versions hosted Henry VII.
The house once hosted Henry VII who was visiting Wales with his wife, according to local historian and author Ann Benson
The oldest part of the house was built in the 1680s by Henry Somerset, 1st Duke of Beaufort.
The historian Ann Benson has information on the royal visit in August 1502, where Henry VII and his wife were hosted for five days while they travelled in Wales.
The house was later owned by an order of French Catholic nuns who used the building as a convent and a girls’ school.
Most recently it was a special school for boys.
The house is located between the A40 and the M50. The M5 and M4 are also nearby as well as rail services to Cardiff and Bristol.
According to the promotional material supplied by auctioneers Allsop: ‘The property is presented in a poor state of repair and requires extensive works of modernisation and 9refurbishment.
‘The property may afford possible potential for redevelopment and/or a number of alternative uses, subject to obtaining all necessary consents.’
The house was built as a wedding present to Charles Somerset from his father, 1st Duke of Beaufort. Beaufort’s fortune was restored by Charles II for his support for his father Charles I when the monarchy was restored in 1660
In 2015, property developers planned to build an extension to the property and convert it into flats, but these plans were blocked by the Welsh government.
Richard Adamson, Partner and Auctioneer at Allsop said: ‘Troy House has received a significant amount of interest with over 100 enquiries regarding the property, in just over a week of coming to the market. We have seen a mixed-bag of interest from people who could use the property for multiple uses including as a private home, converting into a boutique hotel and spa or refurbished into luxury apartments, subject to planning.
‘The property has a committed seller who is happy for the house to be sold at true value – as a result, we anticipate some competitive bidding on auction day.’
The property will go under the hammer on May 28 during an online auction due to the Covid-19 lockdown.
The property will require an incredible amount of refurbishment as it has been neglected for many years
The sales agents say the property could be redeveloped as a family home, individual apartments or maybe a luxury spa, depending on the agreement of planning authorities. An earlier plan to redevelop the site was blocked by the Welsh government
The house was originally built by the 1st Duke of Beaufort for his son Charles Somerset as a wedding gift
The house was bought by an order of French nuns in the last century and was used as a convent and a school for girls
A property developer had planned to turn the building into luxury apartments but this was blocked by the Welsh government